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House passes 2011 NDDC Budget

The budget has 243.54 billion naira for development expenditure, 9.48 billion naira for personnel expenditure, 7.037 billion naira for recurrent expenditure and 877 million naira … Continue reading House passes 2011 NDDC Budget


House of Reps
House of Reps

The budget has 243.54 billion naira for development expenditure, 9.48 billion naira for personnel expenditure, 7.037 billion naira for recurrent expenditure and 877 million naira for non-capital expenditure.

This budget is higher than the N249.5 billion proposed by President Goodluck Jonathan to the national assembly last week.

Passing the budget before proceeding on a three week Christmas and end of year recess, the House inserted a provision which mandates the management of the commission to seek permission from the National Assembly before effecting any virement.